ECARX Intangible Assets vs Accounts Payable Analysis

ECXWW Stock   0.03  0  24.38%   
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Warrants is a good investment. Please check the relationship between ECARX Holdings Intangible Assets and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Warrants Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between ECARX Holdings' Intangible Assets and Accounts Payable is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ECARX Holdings Warrants, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of ECARX Holdings Warrants are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., ECARX Holdings' Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents ECARX Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ECARX Holdings Warrants are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from ECARX Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECARX Holdings Warrants current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Tax Provision is likely to climb to about (3.5 M) in 2024. Selling General Administrative is likely to drop to about 138.9 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization65.2M116.5M124.6M100.5M
Interest Income11.8M12.4M30.5M22.9M

ECARX Holdings fundamental ratios Correlations

0.82-1.00.680.250.840.7-0.960.41-0.320.940.86-0.050.81-0.670.34-0.9-0.970.590.460.880.990.690.84-0.780.87
0.82-0.840.960.671.00.98-0.910.86-0.740.590.98-0.460.98-0.6-0.21-0.92-0.720.89-0.040.970.820.831.0-0.940.95
-1.0-0.84-0.69-0.29-0.86-0.720.96-0.440.32-0.92-0.890.05-0.820.68-0.30.910.96-0.61-0.43-0.9-0.99-0.68-0.860.78-0.89
0.680.96-0.690.690.940.97-0.840.91-0.890.420.88-0.630.96-0.48-0.34-0.81-0.560.91-0.180.890.680.910.94-0.970.87
0.250.67-0.290.690.660.72-0.430.87-0.73-0.10.66-0.770.55-0.6-0.81-0.64-0.220.9-0.730.670.190.420.64-0.520.69
0.841.0-0.860.940.660.98-0.910.84-0.690.610.99-0.40.98-0.6-0.19-0.92-0.730.880.00.980.830.791.0-0.920.95
0.70.98-0.720.970.720.98-0.810.93-0.790.440.94-0.490.97-0.47-0.35-0.83-0.560.89-0.150.920.710.790.98-0.910.89
-0.96-0.910.96-0.84-0.43-0.91-0.81-0.590.57-0.82-0.90.32-0.890.71-0.140.940.92-0.76-0.24-0.95-0.94-0.85-0.910.91-0.94
0.410.86-0.440.910.870.840.93-0.59-0.890.090.79-0.70.83-0.38-0.67-0.68-0.280.92-0.50.770.410.680.83-0.780.75
-0.32-0.740.32-0.89-0.73-0.69-0.790.57-0.89-0.04-0.590.88-0.740.310.580.550.22-0.840.5-0.64-0.31-0.84-0.690.83-0.64
0.940.59-0.920.42-0.10.610.44-0.820.09-0.040.650.240.61-0.510.65-0.7-0.920.280.730.660.950.530.62-0.590.65
0.860.98-0.890.880.660.990.94-0.90.79-0.590.65-0.330.93-0.67-0.15-0.95-0.780.860.030.980.850.710.98-0.850.97
-0.05-0.460.05-0.63-0.77-0.4-0.490.32-0.70.880.24-0.33-0.40.420.710.390.06-0.760.76-0.430.0-0.6-0.390.55-0.46
0.810.98-0.820.960.550.980.97-0.890.83-0.740.610.93-0.4-0.45-0.13-0.84-0.670.810.060.920.830.870.98-0.960.89
-0.67-0.60.68-0.48-0.6-0.6-0.470.71-0.380.31-0.51-0.670.42-0.450.080.850.79-0.710.12-0.75-0.58-0.43-0.580.49-0.81
0.34-0.21-0.3-0.34-0.81-0.19-0.35-0.14-0.670.580.65-0.150.71-0.130.080.08-0.39-0.540.96-0.140.38-0.06-0.170.11-0.16
-0.9-0.920.91-0.81-0.64-0.92-0.830.94-0.680.55-0.7-0.950.39-0.840.850.080.88-0.86-0.02-0.98-0.86-0.71-0.920.82-0.99
-0.97-0.720.96-0.56-0.22-0.73-0.560.92-0.280.22-0.92-0.780.06-0.670.79-0.390.88-0.54-0.44-0.82-0.93-0.61-0.730.67-0.83
0.590.89-0.610.910.90.880.89-0.760.92-0.840.280.86-0.760.81-0.71-0.54-0.86-0.54-0.440.890.540.740.87-0.820.91
0.46-0.04-0.43-0.18-0.730.0-0.15-0.24-0.50.50.730.030.760.060.120.96-0.02-0.44-0.440.00.510.020.02-0.02-0.04
0.880.97-0.90.890.670.980.92-0.950.77-0.640.660.98-0.430.92-0.75-0.14-0.98-0.820.890.00.860.770.97-0.891.0
0.990.82-0.990.680.190.830.71-0.940.41-0.310.950.850.00.83-0.580.38-0.86-0.930.540.510.860.70.84-0.790.84
0.690.83-0.680.910.420.790.79-0.850.68-0.840.530.71-0.60.87-0.43-0.06-0.71-0.610.740.020.770.70.8-0.970.76
0.841.0-0.860.940.641.00.98-0.910.83-0.690.620.98-0.390.98-0.58-0.17-0.92-0.730.870.020.970.840.8-0.920.95
-0.78-0.940.78-0.97-0.52-0.92-0.910.91-0.780.83-0.59-0.850.55-0.960.490.110.820.67-0.82-0.02-0.89-0.79-0.97-0.92-0.87
0.870.95-0.890.870.690.950.89-0.940.75-0.640.650.97-0.460.89-0.81-0.16-0.99-0.830.91-0.041.00.840.760.95-0.87
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ECARX Holdings Account Relationship Matchups

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